About Channel 40
Channel 40 is a company based in Sydney (Australia) founded in 2016 by Tom Cavanagh was acquired by Freelancer in November 2018.. Channel 40 offers products and services including Load Posting Platform, Quote Request Service, Secure Payment System, and Carrier Access Service. Channel 40 operates in a competitive market with competitors including Ofload, Explorate, Freight Exchange, Loadshift and Freightlancer, among others.
- Headquarter Sydney, Australia
- Founders Tom Cavanagh
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
- Legal Name Loadshift Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Freelancer
(Nov 20, 2018)
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Products & Services of Channel 40
Channel 40 offers a comprehensive portfolio of products and services, including Load Posting Platform, Quote Request Service, Secure Payment System, and Carrier Access Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for shippers to post and manage freight loads online
Service to get competitive quotes from carriers for freight jobs
System for safe payments upon successful freight delivery
Service for carriers to find and secure freight opportunities
Funding Insights of Channel 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Channel 40
Channel 40 has secured backing from 1 investor. Prominent investors backing the company include Freelancer. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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An online marketplace is operated for freelancers in various industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Channel 40
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Channel 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Channel 40 Comparisons
Competitors of Channel 40
Channel 40 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ofload, Explorate, Freight Exchange, Loadshift and Freightlancer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Load providers are matched with truckers via a web-based marketplace.
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| domain | founded_year | HQ Location |
Freight transportation marketplace connecting shippers and shipping lines is operated.
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| domain | founded_year | HQ Location |
Instant access to loads and customers
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| domain | founded_year | HQ Location |
Heavy haulage services are facilitated through an online marketplace.
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| domain | founded_year | HQ Location |
Online platform connecting shippers and carriers for freight transportation in Australia.
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| domain | founded_year | HQ Location |
International freight bookings are enabled via reverse auction marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Channel 40
Frequently Asked Questions about Channel 40
When was Channel 40 founded?
Channel 40 was founded in 2016.
Where is Channel 40 located?
Channel 40 is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Channel 40 do?
Channel 40 was founded in 2016 in Sydney, Australia. A marketplace platform for road freight transportation is operated, connecting carriers, shippers, and freight forwarders. Load details are posted by shippers to match with available trucks. Booking, tracking, and compliance processes are monitored through the system. Access is provided via applications on Android and iOS platforms.
Who are the top competitors of Channel 40?
What products or services does Channel 40 offer?
Channel 40 offers Load Posting Platform, Quote Request Service, Secure Payment System, and Carrier Access Service.
Who are Channel 40's investors?
Channel 40 has 1 investor. Key investors include Freelancer.